Bitcoin approaches $100,000 on optimism over Trump crypto plans

Bitcoin neared a $100,000 milestone, fueled by Donald Trump's pro-crypto stance and expectations of a favorable regulatory environment. The cryptocurrency's surge, exceeding 100% since late 2022, attracted significant investment, particularly in bitcoin ETFs. Despite criticisms regarding energy consumption and illicit activities, bitcoin's rise signals growing mainstream acceptance.
Bitcoin neared a $100,000 milestone, fueled by Donald Trump's pro-crypto stance and expectations of a favorable regulatory environment. The cryptocurrency's surge, exceeding 100% since late 2022, attracted significant investment, particularly in bitcoin ETFs. Despite criticisms regarding energy consumption and illicit activities, bitcoin's rise signals growing mainstream acceptance.